Michael Saylor’s corporate Bitcoin pile — held by his company formerly known as MicroStrategy (now Strategy, Inc.) — has dipped below its average purchase price. Bitcoin’s recent slide into the mid-$70,000s briefly put its market value under the roughly $76,000 average cost per coin for the ~712,000 BTC the firm holds.

Bitcoin’s price is having a rough day, sliding 8.3% over the past 24 hours and 13.6% across the last seven days, touching an intraday low of $75,555 on Bitstamp at 1:30 p.m. Eastern time. What follows is a closer look at three factors that have succeeded in keeping bitcoin prices pinned to the mat.